Cameco Says FY24 Guidance 'On Track;' Sees FY24 Revenue $2.85B-$3B Vs $3.217B Estimate
Portfolio Pulse from Benzinga Newsdesk
Cameco has reaffirmed its FY24 guidance, expecting consolidated revenue between $2.85 billion and $3.0 billion, slightly below the $3.217 billion estimate. The company also maintains its outlook for its share of Westinghouse's 2024 adjusted EBITDA between $445 million and $510 million.
July 31, 2024 | 10:50 am
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Cameco has reaffirmed its FY24 guidance, expecting consolidated revenue between $2.85 billion and $3.0 billion, slightly below the $3.217 billion estimate. The company also maintains its outlook for its share of Westinghouse's 2024 adjusted EBITDA between $445 million and $510 million.
Cameco's reaffirmation of its FY24 guidance provides stability but the revenue forecast is slightly below market estimates, which could lead to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100